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Recap: Carter Bankshares Q4 Earnings

 

Carter Bankshares (NASDAQ:CARE) reported its Q4 earnings results on Thursday, January 27, 2022 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

Carter Bankshares missed estimated earnings by 38.24%, reporting an EPS of $0.21 versus an estimate of $0.34, which surprised analysts.

Revenue was up $2.08 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.14, which was followed by a 1.7% increase in the share price the next day.

 

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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